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Seattle,Co

Question 30

Multiple Choice

Seattle,Co.began the year with 480 units of one of its most popular products.During the year Seattle purchased 1,000 units and sold 1,100 units for $750 each.What is the pre-tax effect of Seattle's LIFO liquidation? Seattle,Co.began the year with 480 units of one of its most popular products.During the year Seattle purchased 1,000 units and sold 1,100 units for $750 each.What is the pre-tax effect of Seattle's LIFO liquidation? A) $57,600 B) $7,200 C) $14,400 D) $17,400


A) $57,600
B) $7,200
C) $14,400
D) $17,400

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